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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (7232)	10/10/2000 2:38:16 PM
From: R.S. Blum	Read Replies (1) \| Respond to of 14638

Although in principle I agree with both of you, please recall that we were already in the $60's when his ridiculous report came out. Secondarily, when all of this telecom buying slow down stuff came up, it certainly wasn't retroactive hence the forward concerns. What's in the bag was virtually done. What everyone is concerned about is Y01 forward. I mean, Roth came out and just about guaranteed a surprise already and the market could careless. I wish that I had your two's confidence, but in light of the bloodbath out there, if we merely meet numbers, I still think we're in for a rough near term. To see the $80's again any time soon, I think we'll have to blow away estimates and paint one hell of a rosy picture going forward, which btw, was the 5yr view commonly embraced as fact up until Aug. Good luck and here's to hoping you guys are right!